ABIP BANK SHUTTING DOWN
Aditya Birla Idea Payments Bank Limited (ABIPBL) Saturday announced winding up of its business on account of “unanticipated developments” that made its economic model “unviable”.
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Arre, durr gaya hum dimers se… 
Created 3 bank accounts with this bank a year ago. They gave 100 per referral. Linked in UPI & transferred to another account. Amount got struck. Asked customer care & that person had no idea about upi. Said upi transaction allowed for full KYC users. Said let me do full KYC. Tell me your banking points. They said we have banking points only in Gujarat & Mumbai 
we shut it down long back
Wrong section. @MJ911 move.
see op you have 2310 karma that means you have more experience than me then why are you posting such things in this section there are some classified section to post such things no matter if it is important or not
@admin @Priyanka
Sh*t ! Was a good payments bank, now need to get a new payments bank account
Good 
Their upi 23hrs offline a day
Many are in line.
which banks in Line
Thanks
for letting me know that it existed in the 1st place 
Now as the purpose has been fulfilled.. they have to shut down! 
#NaKhaungaNaKhaneDoonga
Most of the payment banks will bankrupt/close in coming days. They thought they could offer insurance/credit cards/sell some stuff to customers and make money.
The main reason for failure:
E-Wallets – offering discounts
Credit cards – interest free days
Debit cards – People started using UPi (Otherwise Payment banks would have earned 0.5 to 1% from the transaction.
Bank deposits – Not many people are depositing money since the interest rate is same as other regular banks.
Likewise, they don’t offer house, Personal, auto, and gold loans to get some revenue. no business at all to support for its survival.
PPB is hardly used by students who hold minimal bank balance.
Airtel we already did fraud and TRAI/UID asked to stop new customer registrations.
and they decreased interest rates from around 7 to 4%.
TWM ka kya hua ??
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humne to koi transaction hi nahi kiya isme